Energy Smart Colorado Inc

Nonprofit profile at a glance

EIN
465237082
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2017
Location
Frisco, CO, USA
Phone
8333724372
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Official website

Reported finances

Revenue
$784,092
Expenses
$897,568
Assets
$634,106
Liabilities
$197,214

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Highest reported compensation

  • KASEY PROVORSE (EXECUTIVE DI): $124,269 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Energy smart Colorado is helping communities and organizations advance community-based goals for efficiency or climate action by sharing resources, building capacity, and providing mutual support.

What it reported doing in 2025

Energy smart Colorado (esc) is a collaboration of 11 community partners serving 20 Colorado counties whose collective goal is to make energy efficiency improvements simple and affordable while advancing community- based goals for climate action. Esc assists rural communities, consisting of non-profit entities, government agencies and utility providers develop and implement energy efficiency and electrification programs to help residents and businesses save money and reduce carbon emissions while also supporting local economic development. The network works on the idea of collective impact and that by working together and sharing resources, the group can have a larger impact. Through esc's community partners, homeowners and businesses are provided with energy assessments, advising on energy efficiency improvement recommendations, electrification opportunities, direct installs, access to financing (including rebates, loans and on-bill repayment programs), and connections to local contractors to complete retrofit projects. In addition to starting up and supporting its member organizations, esc provides services to utilities and municipalities to help meet statewide and community goals for efficiency and climate action. These services include a consistent field assessment tool, a robust data management system, participant enrollment support, well as energy savings tracking, program marketing and financial assistance to grow the clean energy workforce.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 92
  • Accountability: 50
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.6%; rating input score 95
  • Fundraising efficiency: $35.1 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 14th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -14.5%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 13.8%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 18.1% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 17.2% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 15.8% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.6% of spending went to programs
  • Governance: 5 of 10 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $849K in reported program spending
  • Leadership: top reported pay $124K · 11 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.